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Updated about 7 years ago on . Most recent reply
Using Collateral to purchase a Commercial property.
Hi BP-
I want to offer land that I own as collateral to purchase a piece of commercial property.
What has been your experience in using this technique?
Thanks
Most Popular Reply

@Mac Usher "Hi BP- I want to offer land that I own as collateral to purchase a piece of commercial property. What has been your experience in using this technique? Thanks"
Hi Mac, it all depends on the seller. If they think its a fair trade then its nothing for your attorneys to handle. We've managed to accomplish a similar trade over seas without incident. One thing to keep in mind, vacant land may be hard for some to asses its true value. Good luck.